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TRON achieved peak fees in Q3, ending up with positive earnings for the past six months. The chain benefitted from growing meme token traffic and USDT usage.

Tron Network achieved record Q3 2023 revenue of $577 million, outperforming Bitcoin and Ethereum, driven by its strong presence in the stablecoin market and recent expansion into memecoins.

The Tron blockchain set a new record in Q3 of 2024, recording record revenues of $577.2 million, according to the latest news.

The Tron network has posted record quarterly revenue largely driven by increasing stablecoin activity and an effort to capture a slice of the growing memecoin market.

Tron generated total revenue of $566 million in the third quarter, placing it ahead of giants like Ethereum, Solana, and Bitcoin. The figure reflects a 43% increase compared to the network's second-quarter earnings.

The stablecoin market continues to be dominated by Ethereum and TRON, with both blockchain networks holding a combined market share of nearly 84%, according to estimates from crypto price aggregator CoinGecko. As of September, the total value of stablecoins on these networks reached $144.4 billion. Ethereum leads with $84.6 billion, or 49.

Data gathered by CoinGecko reveals that Ethereum and TRON dominate the stablecoin market, holding a combined $144.4 billion, or 83.9%, of all stablecoins.

Tron (TRX) price is showing mixed signals, leaving traders uncertain about its next move. Recent indicators suggest a balance between bullish and bearish forces, with no clear direction emerging yet.

The cryptocurrency market has shown renewed strength as Bitcoin recently crossed the critical $64K resistance level, spurring excitement among investors. With the broader market gaining momentum, many focus on potential Shiba competitor outperforming SHIB itself.

Blockchain platform TRON DAO has boosted its ecosystem integrity following a comprehensive security evaluation by security firm ChainSecurity. The details assessment aimed to identify and solve any issues that could impact TRON network performance, including block generation, consensus operations, and transaction execution.

Latest updates on TON, TRX, and FTT coins.

TRX has been taking a breather after its recent rally, fueled by the excitement around the SunPump hype. Now that the hype has settled, the price has been moving sideways

The price of TRON (TRX) is in an uptrend but is currently moving sideways below the $0.17 resistance level.

Bollinger bands have constricted suggesting low volatility and price consolidation.

USDT's anticipated integration into the Lightning Network has been a topic of discussion among crypto enthusiasts for years. Despite the evident advantages Lightning offers—such as instant, low-cost transactions—USDT's transition to this layer has been over and again stalled.

TRX, the native currency of the Tron network, is steady at press time and trending at around all-time highs. After the explosion in Q3 204, the uptrend remains, and buyers are confident that there will be more gains in the coming days.

The implementation of USDT on Celo and the success of MiniPay contribute to the rapid expansion of the network

Despite suffering a network outage on August 19 due to unprecedented traffic, SunPump has expanded its business with the launch of NFT Pump in partnership with APENFT.

Rexas Finance is currently valued below $0.08 and is all set to overtake Tron (TRX) by early 2025

The CELO token has rallied nearly 20% in the past 24 hours.

Tron price has eased slightly in the past five consecutive weeks as the enthusiasm about Justin Sun's meme coin project eased. TRX has retreated to $0.1495, down from the year-to-date high of $0.1690.

Blockchain data shows Celo's growth was boosted by key applications like Minipay and Valora, particularly in markets like Nigeria and Kenya.

TL;DR Vitalik Buterin's Praise: Ethereum co-founder Vitalik Buterin praised Celo for surpassing Tron in daily active stablecoin addresses, marking a significant milestone. CELO Token Surge: Following Buterin's endorsement, Celo's native token, CELO, surged by approximately 25%, reaching $0.68.

Celo surpasses Tron in stablecoin usage, driven by African app adoption. Vitalik Buterin praises Celo's impact on global payment accessibility and finance.